Could Adtalem Global Education Inc (NYSE:ATGE) Change Direction After More Shorts?

October 2, 2018 - By Peter Kolinski

The stock of Adtalem Global Education Inc (NYSE:ATGE) registered an increase of 6.79% in short interest. ATGE’s total short interest was 3.27M shares in October as published by FINRA. Its up 6.79% from 3.06M shares, reported previously. With 622,700 shares average volume, it will take short sellers 5 days to cover their ATGE’s short positions. The short interest to Adtalem Global Education Inc’s float is 5.53%.

The stock decreased 1.86% or $0.89 during the last trading session, reaching $46.99. About 116,639 shares traded. Adtalem Global Education Inc. (NYSE:ATGE) has risen 28.99% since October 2, 2017 and is uptrending. It has outperformed by 13.37% the S&P500.

Adtalem Global Education Inc. provides educational services worldwide. The company has market cap of $2.82 billion. It operates through four divisions: Medical and Healthcare, Professional Education, Technology and Business, and U.S. It has a 86.54 P/E ratio. Traditional Postsecondary.

Adtalem Global Education Inc. (NYSE:ATGE) Ratings Chart

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